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Popper Company entered into the folowing transactions during 2011 which was its first year of operations The company was started when it common stock for

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Popper Company entered into the folowing transactions during 2011 which was its first year of operations The company was started when it common stock for $12,000 cash. . ABC purchased 5000 of supplies on sccount . ABC earned $7,000 of revenue on account. d. Cash collection of receivables were 55,900 On October 1, 2011, ABC paid $1,800 m indvance for a one-year insurance policy Supplies en hund us of December 31, 2011, mounted to 550 e Pad $200 cash dividend. The amount of net income reported on the December 31, 2011 income statement would be Select] The of cash flow from operating activities shown on the December 31, 2011 statement of cash flows would be select The amount of retained earings appearing on December 31, 2011 balance sheet would be select The amount of total assets on December 31, 2011 balance sheet would be

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